Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded

Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and

Read More »

Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded

Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and

Read More »

Top News

Cleaver Quitting from all Roles of De Beers

Gaborone: Bruce Cleaver is stepping down from his remaining roles with De Beers, after quitting as CEO last February. He will no longer serve as co-chairman of the De Beers’ board of directors and is resigning from the board of Element Six, its lab grown company. “The focus of Bruce’s role on these boards was to enable a smooth transition

Read More »

Platinum Jewellery Shines at Golden Globe Awards

Mumbai: The 2024 awards show season kicked off in high gear with Hollywood’s most notable celebrities opting for a stunning array of jewellery designs set in platinum at the 81st Annual Golden Globe Awards. The luxurious and timeless metal is the perfect fit to complement couture dresses and custom suits. Overall, there was a return to classic Hollywood glamour with sophisticated

Read More »

India Gold & Jewellery Summit 2024

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council (WGC) has organized ‘India Gold & Jewellery Summit 2024’ in New Delhi’s Bharat Mandapam on 23rd & 24th January 2024. India’s Minister for Commerce & Industry Mr. Piyush Goyal is expected to be the Chief Guest of the event. The two-day will be

Read More »

DMIA to Launch Diamond Screening & Verification Lab

New York: The Diamond Manufacturers & Importers Association of America (DMIA) will hold a special member meeting to announce the launch and opening of the DMIA Diamond Screening and Verification Laboratory and the collaboration between DMIA and the International Gemological Institute (IGI) to develop a same-day diamond verification service. The event will be held at 12:00 noon on Wednesday, January

Read More »

Oct. 2024 Marks Revival in CPD Exports 

Mumbai: India’s gem and jewellery exports has made strides in October 2024, marking a turning point with positive growth in multiple product categories, notably cut and polished diamonds, gold Jewellery (plain & studded), and polished lab-grown diamonds. In October 2024, the overall gross exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores), marking a growth of 9.18% in

Read More »

WDC Urges KP to Unite to Overcome Obstacles

Dubai: The World Diamond Council President, Feriel Zerouki (WDC), delivered her opening address to the 2024 Kimberley Process (KP) Plenary with a compelling call for unity and action, addressing industry challenges and the need for essential reforms. In her keynote speech, she emphasized the WDC’s commitment to strengthening the KP and promoting an equitable and sustainable diamond industry. In her

Read More »

NDC Unveils New ‘Diamonds of Canada’ Report

Mumbai: Diamond Council (NDC) recently announced the launch of its latest report titled ‘Diamonds of Canada’. This report is an extension of the larger ‘Diamond Facts’ report unveiled by NDC last year, which aimed at highlighting the significance of natural diamonds and the positive impact on the communities they touch. The Diamonds of Canada report offers an in-depth look uncovering

Read More »

Get Festive Ready with Platinum Evara

Mumbai: It’s that time of the year to bring out the festive finery – for a day of celebration and evenings that spell sophistication and understated elegance; each look, talked about long after the party has ended.  As you elevate your style game, complement those stunning outfits with the precious timelessness of platinum jewellery. Unique platinum jewellery pieces from Platinum EVARA’s

Read More »

Latest Videos